56A County Road 441VardamanMS38878
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Vardaman at 56A County Road 441, Vardaman, MS, 38878 offers a 8.85% rental yield on a $251,500 purchase with $1,855/mo rent. Total monthly income registers $1,855/mo, and a $1,231/mo payment leaves $316/mo available for distribution. Annual cash flow reaches $3,791/yr on $83,372 to close, and return on cash invested stands at 24.46% in year one. Equity gained on principal adds $1,623/yr while 5% annual appreciation supports $69,485 over five years. Portfolio math shows five-year ROI at 127.14% and total cumulative return in cash at $105,997. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,855/mo property income against a $1,231/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38878, Vardaman, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,332 (100%) |
| Owner Occupied HU | 855 (64.2%) |
| Renter Occupied HU | 207 (15.5%) |
| Vacant Housing Units | 270 (20.3%) |
| Median Home Value | $83,421 |
| Average Home Value | $113,561 |
Housing Distribution
Address Breakdown
Residential
1,147
Single Family
1,123
Multi-Family
24
Businesses
58
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Listed by: Rosmir Washington • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-3832
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.